Yes. And they also underestimate the cost and time to build such a thing.
From the article, "The project is closely identified with President Xi Jinping, which means it’s unlikely to join a long list of Chinese “ghost cities” financed by local governments."
A lot of initiatives are started by people with an idea but without resources or knowledge to execute it.
I think that city planning is an awesome idea. I grew up in Barcelona and the results are very good (https://en.wikipedia.org/wiki/Eixample). But creating a new city from scratch is more difficult. And it is harder to get the experience to do it right as the execution of the project will take decades.
From the article, "The project is closely identified with President Xi Jinping, which means it’s unlikely to join a long list of Chinese “ghost cities” financed by local governments."
A lot of initiatives are started by people with an idea but without resources or knowledge to execute it.
I think that city planning is an awesome idea. I grew up in Barcelona and the results are very good (https://en.wikipedia.org/wiki/Eixample). But creating a new city from scratch is more difficult. And it is harder to get the experience to do it right as the execution of the project will take decades.